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Tinubu Approves 15 Percent Import Duty on Petrol and Diesel

President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market

IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green

IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Tinubu Approves 15 Percent Import Duty on Petrol and Diesel

President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market

IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green

IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.

Lagos Waterfront Demolition Leaves Oworonshoki Families Homeless, Desperate

Hundreds of Oworonshoki residents remain homeless after a midnight demolition left families struggling to survive in open fields.

Nigeria’s Service Chiefs Outline Plans To Tackle Security Challenges

Nigeria’s new military leaders outlined clear plans to strengthen internal security and called for reforms in the police system.